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Pay N Play is one of the most effective payment options available for online casinos. It’s here to stay and give an absolute solution to the main players’ problem, old as the online casinos themselves: The (slow)time of winnings withdrawals.
Pay N Play is registered under Trustly Group AB and is an authorized payment institution under the supervision of the Swedish Financial Authority. The payment solution is regulated and permitted by both the Malta Gaming Authority and the Swedish Gambling Authority (SpelInspektionen).
They launched back in 2008 with a staff of only three people, but they’ve had a substantial growth to 350 staff, offices in Europe and Americas and more than 9.000.000 payments monthly. Before enjoying Pay N Play benefits you should, of course, choose an online casino.
Be sure that your favourite casino contains the Pay N Play options. Not all casinos accept this kind of payment method, but the number of online casinos is vastly growing every day. For your convenience, there are specific Pay N Play lists, where you can compare only the casinos which accept Pay N Play.
Pay N Play Models
Actually, there are two Pan N Play models: Pure and Hybrid. Pure: Via the Pure model, players start by depositing via Trustly, which is the only payment provider. However, the games are available for specific (mostly Northern) European countries and withdrawals are processed automatically up to the limit of 2000 Euros.
Hybrid: When choosing the Hybrid model, a player fill s a registration form or deposits via Trustly. There are multiple payment providers available and games are available in many different countries, depending on the casino license. It’s not necessary to send identification documents until winning more than 2000 Euros.
How do you activate Pay N Play?
After joining your favourite casino, look up for the Pay N Play payment option. The registration process starts on the Hybrid model where you fill the registration form. On Pure Pay and Play casinos, you will start depositing funds instantly via BankID / ‘Trustly Sign Up’.
As a verification method, some casinos will send a code to the phone number you provided which in turn you will need to input during the registration process. On a pure model, the registration process happens automatically in the background while you deposit money.
The hybrid casinos will ask for the following information: full name, date of birth, email address, phone number, and residential address.
What happens if you’re lucky and would like to withdraw the winnings? There are certain wagering requirements (real money and bonus money) that must be met before a withdrawal request can be made.
In pure Pay N Play online casinos, the processing time takes up to 5 minutes and your funds will be transferred to your bank account instantly. In hybrid Pay N Play online casinos the processing time could be delayed up to 48 hours, depending on the casino.
Pay N Play advantages
The registration is automatic and invisible. Actually, all deposits, withdrawals and welcome bonus collecting are fast and easy, without having to fill forms. This means that you can register and get playing in under a minute at some casinos.
The payouts are also amongst the fastest you can find. You don’t have to wait for hours and even days before having your winnings available. You don’t have to be careful about payment fees. Pay N Play has no hidden fees and all payment actions are free.
There’s no limitation to games. You place your money in all available games, just as in traditional online casinos.
Pay N Play disadvantages
Trustly payments are available only in a few countries for the time being. Not all casinos include this option. There are more than 100 casinos where Pay N Play is available and the number is always growing, but there are thousands of online casinos worldwide.
Player contact information is not available to the operator, so they could take advantage for promotions.
Conclusion
Pay n Play is a casino payment type that makes life easier for the players. By sharing the required information with the casino, players are able to skip the lengthy registration process and get to the part they enjoy.
This is both great for the player and the casino. And while you would expect the players privacy to come under fire, the player is actually far safer in this new system, since their details don’t have to be shared with every casino they play with and instead Trustly takes responsibility for this.
